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      December 15, 2017

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Can You Make Money as a Wholesale Dropshipper?

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How To Start a Wholesale Dropshipping Business

What is Wholesale Dropshipping?

 

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How To Start a Wholesale Dropshipping Business

After researching what kind of goods other online retailers offer, the next step is deciding what you want to offer. Most small scale online retailers serve a niche market. If your research reveals someone else has a particular market covered, with a well established reputation for fair prices and good customer service, choosing to offer the same goods for sale might not a profitable idea. On the other hand, it is possible you could beat them at their own game by offering better on every level.

The niche market you, as an online retailer using a wholesale drop shipping supplier, can best serve is the one centered on things you know well. Is there some special training, job or life experience that has brought you to be the reigning authority on, for instance, the working parts of cuckoo clocks? Is it your hobby to collect silenced ones and make them tweet again? Then possibly selling cuckoo clocks is for you because you would know the rarity of a baritone birdie announcing the hours. Niche market buyers know what they want. They want to do business with someone who understands the object of their desire and the reason they desire it. In short, plan to sell what you know.

Research suppliers of your possible product. Have more than one product in mind, but keep it the same category - don't attempt to sell cuckoo clocks and running shoes from the same webstore. Potential customers will doubt the validity of you being an expert about both.

Not every supplier will do drop shipping for small businesses. You can do this search online. Be thorough as you want to get as close to the source of your potential product as possible. A wholesale drop shipping supplier can be the manufacturer, a distributer or a wholesaler. Wholesale drop shipping suppliers often have catalogs with hundreds of thousands of products they warehouse and will ship for you to your customer, sometimes with your logo on the shipping label.

Part of your research should include checking on the availability of your product on the wholesale drop shipper's shelves. Is it out of stock for months at a time? Have more than one wholesale drop shipping supplier source for your product. If supplier "A" is out of stock, supplier "B" might have it even though they get it from the same manufacturer.

Learn the costs of doing business with wholesale drop shipping suppliers. All will charge more for single item processing than they would for bulk. Some require monthly minimum purchases. Some charge a fee like a monthly service charge. When you are ready for business, you will need to have some sort of business agreement with them already in place. Sometimes you can use product information and photos from the supplier's catalog, saving you time and money when it comes to preparing your sales platform.

By this time, you should have already decided where you will offer your products for sale - your own web store, through eBay or any other online avenue you choose. Make sure the manufacturer of your product will allow you to sell it on eBay. Some do not.

HBJ's 2017 Deals of the Year: Retail

Why it matters: In November 2016, Lowe's acquired Central Wholesalers, a maintenance, repair and operations distributor in the Mid-Atlantic and Northeast. With the addition of MSH, the acquisitions "expand Lowe's ability to serve the highly ...

Published:  Thu, 14 Dec 2017 04:23:00 GMT



San Antonio Candymaker Goes Solar

Alamo Candy, one of the largest candy manufacturers, distributors, wholesalers, and retailers in San Antonio, has gone solar. Freedom Solar, a solar power design and installation company, completed a 100.8-kilowatt solar array comprised of 280 panels ...

Published:  Thu, 14 Dec 2017 07:13:00 GMT



Chad Owen: Cigarette tax-stamp discount benefits local wholesalers, not big tobacco

Dear Editor: While "Inside Man" was a very interesting and insightful article, it was grossly incorrect about the "expanded tax break" lining the pockets of cigarette manufacturers. Big tobacco manufacturers such as RJ Reynolds do not receive the money ...

Published:  Mon, 11 Dec 2017 15:12:00 GMT



"People do not know what to do with cranberries and lingonberries"

As with the majority of Munich wholesalers, the assortment of Herbert Widmann GmbH is very broad. In the shop at the local wholesale market you will find mushrooms, exotic fruits, stone fruit and tropical fruits of all kinds. The main business still ...

Published:  Thu, 14 Dec 2017 06:29:00 GMT



Christmas tree shortage Wholesalers in Nova Scotia sell out for the season

Marina von Stackelberg is a CBC journalist based in Halifax. She previously worked for CBC Sudbury. Connect with her on Twitter @CBCMarina. Send story ideas to marina.von. stackelberg@cbc.ca If you're looking to buy a few hundred Christmas trees this year ...

Published:  Sat, 02 Dec 2017 03:45:00 GMT



TABLE-Dan Brown's 'Origin' tops U.S. bestseller list

Data released by independent, online and chain bookstores, book wholesalers and independent distributors across the United States was used to compile the list. Hardcover Fiction Last week 1. "Origin" 2 Dan Brown (Doubleday, $29.95 2. "The Rooster Bar" 1 ...

Published:  Thu, 14 Dec 2017 12:11:00 GMT



Business holds steady for Windy City wholesalers

Rob Strube, president of Strube Celery & Vegetable Co., says wholesalers at the Chicago International Produce Market have discussed how to keep business vibrant this year. Photo courtesy FCL Builders In 2016, Chicago produce distributors said the hometown ...

Published:  Wed, 06 Dec 2017 15:24:00 GMT



Nisa joins coalition of wholesalers supplying Costcutter

Having picked up a short-term deal to service the McColl's stores formerly supplied by P&H, Nisa has joined a host of wholesalers supplying Costcutter. From today the buying group will be supplying selected Costcutter stores for the first time since 2014.

Published:  Wed, 06 Dec 2017 05:31:00 GMT



Liquor Commission serves up more rule changes

The commission was not scheduled to take up the nonprofit issue Wednesday, but did unanimously approve several rule changes, including the 24-hour sale of alcohol for room service in hotels and condominiums and giving manufacturers and wholesalers an extra ...

Published:  Thu, 14 Dec 2017 08:22:00 GMT



Personal farms can sell products to organizations of Uzbek Association of Wholesalers

The products produced in the personal farms of the Uzbek residents can be officially sold to the organizations of the Uzbekozikovkatzakhira Association of Wholesalers in accordance with the Uzbek president's order # PP-3418 dated on November 30, 2017.

Published:  Mon, 04 Dec 2017 23:41:00 GMT



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